PPP Loan information for Malstrom electric inc

$489,325

Malstrom electric inc was initially approved for PPP Loan of amount $489,325, the current approved amount is $489,325. The loan was approved on 04/07/2020 by The First National Bank of Pennsylvania reported 33 jobs and $489,325 was used to fund payroll.

Malstrom electric inc is Existing or more than 2 years old

PPP Loan Search / MD / COCKEYSVILLE / Malstrom electric inc

MALSTROM ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MALSTROM ELECTRIC INC

Borrower Address

18 OLD PADONIA RD

Borrower City

COCKEYSVILLE

Borrower State

MD

Borrower Zip

21030-4916

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

489325.00

Current Approval Amount

489325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COCKEYSVILLE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21030-4916

CD

MD-02

Jobs Reported

33

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

489325.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

492891.04

Forgiveness Date

01/14/2021

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